The U.S. Agency for International Development and the Rockefeller Foundation are starting a $100 million project to prepare vulnerable communities for climate- caused humanitarian disasters before they happen. The initiative, which will start in Africa’s Sahel region and was announced …
The Panama Canal is preparing to celebrate its 100th anniversary, accompanied by warnings from insurers are warning of the increased risks that will arise from its plan to double the cargo-carrying capacity of ships transiting one of the world’s most …
Global insurance broker Lockton announced that it will add three energy risk management leaders to its Lockton Global Energy practice. Tim Law will join as chairman of Lockton Global Energy with the support of veteran energy insurance executives Tim Clarke …
Hannover Re, the world’s third- biggest reinsurer, said second-quarter profit rose 10 percent, helped by a lower level of large claims and higher life reinsurance earnings. Net income climbed to €211.5 million ($282.7 million) from €192.3 million [$257.1 million] a …
Swiss Re Ltd., the world’s second- biggest reinsurer, reported second-quarter profit that missed analysts estimates, as earnings from life and health insurance declined. Net income increased to $802 million from $786 million a year earlier, the Zurich-based reinsurer said in …
Dallas, TX, 8/6/14 — U.S. Risk Insurance Group, Inc. (www.usrisk.com), the ninth largest managing general agency and surplus lines wholesaler in the nation, announced that the HealthcarePros division of U.S. Risk Underwriters will now write zero deductible plans for its …
State Auto Financial Corp. reported net income for the second quarter 2014 that was nearly 50 percent less than its net income for the same period in 2012, while net written premium increased in Q2 2014 compared with Q2 2013 …
Willis North America, a unit of Willis Group Holdings, the global risk advisor, insurance and reinsurance broker, has appointed Jeff Turner as managing partner at Willis of Texas Inc. Turner will be responsible for Willis’s Houston operations, leading a team …
Starkweather & Shepley Insurance Brokerage Inc. in East Providence, R.I., has promoted Ronald A. Stabile, Jr. to senior vice president.
Insurance broker Marsh has appointed Todd Batson as its new head of office in Nashville. Batson brings 15-years of experience working in the Tennessee insurance market to his new role, most recently serving as area vice president for Arthur J. …
